SpaceX announced Starmind, a project to deploy up to 1 million AI-processing satellites in low Earth orbit, creating a distributed space-based data center. The network, confirmed by Elon Musk on June …
Elon Musk confirmed Starmind as the name of SpaceX's planned AI satellite constellation, targeting up to one million orbital compute nodes. The satellites will perform AI inference in orbit using sola…
SpaceX filed plans with the FCC to deploy up to 1 million AI satellites in low Earth orbit, aiming to provide 100 GW of AI compute power by 2030. The combined SpaceX-xAI entity, valued at $1.25 trilli…
SpaceX's Starship rocket will enable Elon Musk's plan to deploy up to 1 million solar-powered AI satellites in low Earth orbit, creating orbital data centers. The project, supported by Andreessen Horo…
Elon Musk confirmed the name 'Starmind' for SpaceX's proposed AI satellite constellation, which aims to deploy up to one million satellites as an orbital compute layer for AI inference. Two prototype …
SoftBank CEO Masayoshi Son dismissed SpaceX's orbital AI data center plan as overpriced, arguing that terrestrial infrastructure is more cost-effective. Son's critique comes days after SpaceX's $1.7 t…
SpaceX went public last week with a $1.7 trillion market cap, making Elon Musk a trillionaire on paper, despite the company posting a $4.94 billion net loss. The IPO filing emphasized AI infrastructur…
SpaceX's historic IPO raised $75 billion, achieving a $2.1 trillion market cap, as Elon Musk merges xAI with SpaceX to build orbital AI data centers, aiming to solve terrestrial energy and cooling con…
Coinbase CEO Brian Armstrong criticized Earth's regulatory environment, arguing that orbital datacenters are becoming more efficient than land-based facilities due to bureaucratic red tape. Armstrong'…
SpaceX went public on June 12, 2026, in the largest IPO in history, raising up to $86 billion and achieving a valuation between $1.75 trillion and $2 trillion. Four days later, the company spent $60 b…
SpaceX agreed to acquire Anysphere, the company behind Cursor, for $60 billion in stock on June 16, days after its Nasdaq IPO, marking the largest acquisition in AI developer tooling history. The deal…
SpaceX stock surged nearly 60% above its IPO price following last week's record-breaking public offering, giving the company a market capitalization of over $2.6 trillion. Despite $18.7 billion in 202…
SpaceX, founded by Elon Musk, surpassed Amazon in market capitalization to become the world's fifth most valuable company after its stock rose 13% on its Nasdaq debut. The surge followed news of Space…
SpaceX went public on June 12, 2026, with a valuation of up to $2 trillion, raising approximately $75 billion. Sequoia Capital partner Shaun Maguire discussed the company's plans for orbital data cent…
SpaceX acquired AI coding startup Anysphere, the company behind Cursor, for $60 billion in stock to help its xAI division catch up with OpenAI and Anthropic in AI-assisted coding. The deal gives Curso…
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth most valuable company after its share price surged more than 50% following its Nasdaq listing. The boost came as SpaceX announced it…
Elon Musk's SpaceX IPO, which includes Starlink and xAI, has been approved by U.S. regulators, generating $75 billion for Musk despite widespread criticism that the valuation is inflated and the compa…
SpaceX has revealed plans to build orbital AI data centers using a constellation of up to one million satellites, as reported by Reuters on June 9. The initiative aims to move AI inference infrastruct…
Elon Musk claimed SpaceX could generate $1 trillion in annual revenue by 2030, two days after the company's record-breaking IPO valued it at over $2 trillion. The projection far exceeds underwriter es…
Australian billionaire Gina Rinehart invested over $1 billion in SpaceX through her mining company Hancock Prospecting, marking her largest non-mining bet. The investment, made after SpaceX's June 15 …